Hedging Current Affairs - 2019

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RBI issues clarifications on Hedging for External Commercial Borrowings

The Reserve Bank of India (RBI) has issued the Clarifications on hedging for External Commercial Borrowings (ECB) in a bid to effectively address currency risk at the systemic level. The Clarifications were issued by RBI under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999. What are External Commercial Borrowings (ECBs)? ECBs Read More…

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